Bitcoin ATM Operator Bitcoin Depot Files for Bankruptcy
Coindesk | The largest bitcoin ATM operator in North America, has filed for Chapter 11 bankruptcy. Bitcoin Depot has blamed state regulations and enforcement for making its business model unsustainable.
How Scammers Use Crypto ATMs to Steal from Victims
The New York Times | Fraud losses involving crypto ATMs totaled $246.7 million in 2024. By the end of July 2025, losses had already reached $240 million according to FBI estimates.